2721 S Fremont Overview
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**2721–2723 S. Fremont Ave., Alhambra** An attractive four-unit multifamily investment opportunity in the highly desirable City of Alhambra featuring 4- 1 Bedroom, 1 Bath units, this well-maintained property offers stable rental income, long-term tenancy, and an exceptional San Gabriel Valley location with convenient access to major employment centers, universities, medical facilities, shopping, dining, and entertainment. The property features four on-site carport parking spaces—one assigned to each unit—as well as two private storage rooms conveniently attached to the carport. Each unit is equipped with gravity floor heating and features carpet and linoleum flooring, with original hardwood floors beneath the carpet in the living rooms and bedrooms, presenting an opportunity for future interior upgrades and added value. Included appliances consist of four gas stoves, one refrigerator, and one window air conditioning unit. Significant recent capital improvements include updated plumbing throughout all four units in 2025, providing a valuable infrastructure upgrade. Additional exterior enhancements completed in 2024 include fresh exterior paint, a new wood perimeter fence, and a resurfaced driveway. The property also offers low-maintenance landscaping with an automatic sprinkler system. Ideally situated with easy access to Downtown Los Angeles, Cal State LA, USC, and the USC Medical Center, the property is conveniently located near the I-10, I-710, SR-60, and I-5 freeways. Residents also enjoy close proximity to Monterey Park, Pasadena, and Arcadia, with an abundance of restaurants, shopping centers, theaters, parks, and other community amenities nearby. This is an outstanding opportunity for investors seeking a well-located, income-producing asset with stable occupancy, recent capital improvements, and long-term upside in one of the San Gabriel Valley's most desirable rental markets.
2721 S Fremont Facts & Features
- Type Multi-Family
- Sq. ft. 2,230
- Price/Sq.ft. $578
- Lot 0.17 Acres
Details
General
Association/HOA
- Common Interest: None
Income/Expenses
- Other Expense: 116.25
- Electric Expense: 204.0
- Gardener Expense: 900.0
- Gross Income: 57960.0
- Gross Scheduled Income: 57960.0
- Insurance Expense: 3817.0
- Net Operating Income: 44219.0
- New Taxes Expense: 16100.0
- Operating Expense: 13741.0
- Trash Expense: 1920.0
- Water Sewer Expense: 2967.0
Building Information
- New Construction: No
- Year Built: 1950
Location/Region
- Country: US
- County Or Parish: Los Angeles
- MLS Area Major: 601 - Alhambra
- Postal City: ALHAMBRA
Community/Development
- Community Features: Curbs,Street Lights
Rent/Lease Information
- Land Lease: No
- Lease Term: 12 Months
- Tenant Pays: None
General Information
- Listing Terms: Cash,Cash to New Loan
- Parcel Number: 5353019006
- Property Sub Type: Quadruplex
- Property Type: Residential Income
- Rent Control: No
- Senior Community: No
- Special Listing Conditions: Trust
Interior
Parking Information
- Garage: No
Building Interior
- Building Area Total: 2230.0
- Building Area Units: Square Feet
General Information
- Accessibility Features: None
- Appliances: Gas Oven,Water Heater
- Common Walls: 2+ Common Walls
- Entry Level: 1
- Entry Location: front
- Fireplace Features: None
- Fireplace: No
- Flooring: Carpet,Vinyl
- Foundation Details: Slab
- Interior Features: Ceiling Fan(s),All Bedrooms Down
- Laundry Features: None
- Levels: One
- Security Features: Carbon Monoxide Detector(s),Smoke Detector(s),Window Bars
- Spa Features: None
- Spa: No
- Stories: 1
- Stories Total: 1
Exterior
Parking Information
- Parking Features: Carport
- Parking Total: 4.0
Lot Information
- Additional Parcels: No
- Lot Features: 0-1 Unit/Acre,Sprinklers In Front
- Lot Size Acres: 0.1683
- Lot Size Area: 7331.0
- Lot Size Source: Assessor
- Lot Size Square Feet: 7331.0
- Lot Size Units: Square Feet
- Number Of Buildings: 1
- Number Of Separate Electric Meters: 4
- Number Of Separate Gas Meters: 4
- Number Of Separate Water Meters: 1
- Elevation Units: Feet
- Water Source: Public
Building Exterior/Construction
- Architectural Style: Traditional
- Construction Materials: Stucco
- Property Attached: Yes
- Roof: Composition
General Information
- Carport Spaces: 4.0
- Carport: Yes
- Number Of Units Leased: 1
- Number Of Units Total: 4
- Pool Features: None
- Pool Private: No
- Road Frontage Type: City Street
- Sewer: Public Sewer
- Utilities: Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
2721 S Fremont Neighborhood
Community
91803 (ALHAMBRA) Demographics
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.2721 S Fremont Monthly Cost
2721 S Fremont Market Data
Based on the last 30 days in this zip code
2721 S Fremont History
| Date | Value | Agent |
|---|---|---|
| 6/29/2026Source: CRMLS | June 29, 2026 |
Contact Information: [email protected] - 626-358-4560